Another theme is to own players with operations in the safest locations, an idea paying off for Agnico (AEM+0.7%), but the team also recently initiated B2Gold (BTG+1.1%) with positive coverage on the idea some companies can learn how to operate successfully in "more complex locations."

Another favorite is laggard Buenaventura (BVN-0.5%) which is likely to see improved results in H2.

"Cheat Sheet" by Christopher today at 4:01 pm EDT did change his NEM recommendation from "Hold" to "Buy" with a Price Objective of $31 per share. He currently has no position in NEM ; his Fundamental analysis is very detailed, and includes quotes from CEO Goldberg; read it today by going to http://on.mktw.net/qPAyXt , and enter NEM in the Search Field, and then left click on the article in the "News" section . The NEM P&F Chart Price Objective is $38 per share, obtained using widely available Software with my selection of a Box Size of 4.4% for best accuracy. Similarly, other P&F Price Objectives are as follows : HL = $5.91 , GLD = $169 , and SLV = $27 . Contrary to the erroneous claim in the above Seeking Alpha article that Gold isn't now in a Bull Market, Gold is in fact now rising up on its 3rd Leg Super Cycle that will classically carry it to new all-time highs of $2700 per oz circa July 2015, and Silver to $54 per oz.. The 2nd leg Gold Super Cycle classically concluded in Dec 2013 when it did Double-Bottom at $1186 per oz in Dec 2013; that $1186 is the Geometric mean between the high and low of that 2nd Super Cycle leg, which is a 50% correction on semilog paper. June 20, 2014 at 1:59 pm PDT.